I have no contribution to make to your query. Beating the house doesn't go unoticed in my experience. They do not like it and you have to move around as a consequence. There is no cover when you are making money. People you work with talk and as they do they think up things to do. some of these things are unpleasant when they get out of hand. Regulators notice too and they feel they have some sort of corner on what is what. When they are incorrect and they feel they are earning their keep, they are hard to give any input to. As you get into the OPM thing it comes to you in several ways. the strings attachedare very funny in reflection but while they are in the space as a consequence of not covering the bases, you do have to spend energy to reach closure on the new found problem. After closure they sort of become unhappy with how closure was reached and the fact that there is no mor money flow. The absence of flow is very real to them. They do a lot of messy things in your environment. As you see in the news, there are investors who are changing their plans. That can affect those with whom they are involved. If you did have a way to make money, then you would have to consider the window of opportunity regarding OPM. It is not a wide thing. It ends when you do not want them. There is also the counterpart where those you wanted at first become not wanted at some point. This is academic in this thread since you are dealer dependent. Going ahead is a requirement. It leads to discovery and sessation of the approach. You will be bankrolled to the extent you stayed under the radar but, then, you can't play anymore. If you ever get a way to make money, then ramping up is best done in a parallel capitalization period that has a predetermined end and big penalties for leaving early. Widening the conveyor belt is best done with internal funds that cannot be shadowed beneficially (traded in a trailing manner) by those downstream from your operations. Reverse engineering is not a possiblility these days for several reasons. For several pages, until you let the cat out of the bag, your posts were remenicent of many past sucessful start ups. Too bad.
I would have to agree a bit here. IF you really can trade, and make those kinds of numbers consistantly, then its just a matter of time before you get noticed. Go to church in the upscale parts of town where you live, do some palm pressing...have a copy of your equity curve, and account statement ready. dress professionaly, and all that good stuff. Bull shit talks, and money walks, so ACT the part. best of luck.
Makloda has been spot on in this thread. It's obvious to me he knows the topic of raising money and probably works in the field. In all reality, if you could make 10-25% a month in a liquid market like FOREX, why would you ever want to raise money and give up 80% of your profits? If you start running the system with real money, you will build a nice stake quickly, so you would not need any money. If you had not done that, then it means that your system is completely unproven. Guys who invest in such concepts usually end up being surprised with the system magically blowing up and breaking down. Seriously, this sounds like a "holy grail" investment opportunity. I know how those end up, I'm sure a few others do as well.
Have you ever thought asking your broker to raise capital? Since you have a track record, your broker might help you. But, imho, the best thing to do is to create a journal here and prove it. Good luck.
You should figure out what your annualized return is on 10% compounded monthly. Then calculate the annualized return on 25% compounded monthly. (If you think its 300% you should go take a finance class) HINT: 10% per month is over 200% annual returns. 5yr
Apparently.....Because I thought Slapshot got straight to the point. Kid, go immediately to your bathroom, turn on the cold water, cup your hands, fill them up with water. Now splash the water vigorously onto your face three times. Set your alarm clock for early in the morning. Go get a job. That's a great way to raise some money.
He's gone and I asked the hard question. Yup, I am a math scholar. Blame me.gA Edit: certainly NOT like the scholars they hire at hedge fund companies from insane colleges like MIT!
a.bud had a good point, not only asking broker for funds, but they could give their new traders a reference to you, and they might invest with you. we have guys on GFT that are like that, they give free analysis and such but i think they offer a monthly training program or something.
I too have been successful in my own trading endeavors, and have been asked by some friends and family to invest a portion of their assets in my CTA like approach. My question is how to legally do this. I already have passed Series 3, but have not registered or anything. Do I need to form an LLC, and issue shares, or what is the simplest, most cost effective approach. I probably won't charge fees, and if I do they will be only enough to cover set up costs. Any thoughts? GG